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1401 Quail Crest DR
About This Property
This unique home offers a fantastic opportunity for those seeking a separate guest space, dedicated office, or artist studio. With a main house spanning 1401sqft and a versatile flex studio boasting 828sqft, there's ample room for various needs. The studio, previously utilized as a professional photography space, features high ceilings and an open layout, making it ideal for anyone desiring such characteristics. The fully fenced property includes a large side gate for convenient access to the back of the lot for storage. Inside the main home, you'll find tile flooring throughout, fresh paint within the last month, stainless steel and stylish kitchen appliances, a large walk-in closet in the primary bedroom, and generously sized secondary bedrooms. The front yard showcases a beautiful perennial garden, attracting blooms and birds year-round. Lovingly maintained for over 30 years, the home has had all main systems updated in recent years, and the solar panels provide significant savings on utility costs. Tucked in the desirable Quail Creek community, just minutes from great retail, dining and entertainment options including the Domain & Austin FC Stadium.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed by Tiffany Russell Group | $525,000 | |
| Listed by Tiffany Russell Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017